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20121201
20121231
Search Results 0 to 2 of about 3 (some duplicates have been removed)
increased promotional activity at old navy, and these two things got the sell-off ball rolling. to me, the idea of dumping gap just because november was a bit worse than expected is insane. first of all, this november was a real aberrant month. you had unseasonably warm weather on the west coast, sandy on the east coast, and these monthly numbers are notoriously choppy. don't give you a good read on business and so many have stopped releasing monthly figures and also there was just an annuity for hedge funds, and historically, november same store sales numbers, not a good predictor of what happens in december, which is what we care about now. as for the worries about promotional activity at old navy, goldman sachs did channel checks, found no unusual promotional activity. the company still looks spot on, ta-dah, so if the reasons for the sell-off are overblown, what should we care about when it comes to gap? i have to come back to the strength of the turnaround and how this is still in its early stages. gap spent a decade in the wilderness, but last year under leadership of glen murph
and increase demand for goods? no. i don't think t will move the need. by the way, the army, navy, they don't move that fast. and if anything, there could be a peace dividend if we got to that where we would cut the budget deficit, a la happened in the '90s. i don't think you should look at this issue in a way to make money off it, though. it's really not a need mover. as a matter of fact, it can be negative for a lot of the defense companies as we know. they've been under a cloud because of these cuts. here's one from danny in new york. jim, i heard you say when considering playing the downside of an equity that you would short the stock rather than buy a put. please elaborate on your reasoning. i favor puts to avoid the high risk of a short position. danny, so glad you sent me this. if i created any misperception that i favor shorting stocks, it is out of character with all my books and what i used to do at my hedge fund or working at goldman sachs or trading for myself. i do puts, layerly shorts. i was a victim of hortishort squeeze that's lost me a ton of money. use puts. i don't care i
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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